In the first half of January, investors subscribed for new four-year bonds of the development company Trigema in the total amount of CZK 300 million. The purpose of their issue is to finance the company’s development activities.
Bonds with a nominal value of CZK 50,000 and an annual interest yield of 5.1% are traded on the Prague Stock Exchange. Four-year senior bonds Trigema Real Estate Finance a.s. were subscribed in increased volume. The original plan provided for an issue volume of 250 million crowns.
“Our previous issues have already confirmed the high interest and confidence of investors. The first issue of three-year bonds in the amount of CZK 450 million was repaid in mid-December last year. Also this time, thanks to the high interest in our securities, we have proven that we are on the right path and that our upcoming projects are attractive. The value of residential real estate is growing over time, which investors also know very well, ”explains Marcel Soural, Chairman of the Board of Trigema.
The issue, dated January 27, 2021 and maturing in 2025, was prepared by J&T IB and Capital Markets. The issue manager is J&T Banka.
